CHRIS RUPP - 28 Feb 2022 Form 4 Insider Report for Albertsons Companies, Inc. (ACI)

Role
Officer
Signature
/s/ Juliette W. Pryor, attorney-in-fact
Issuer symbol
ACI
Transactions as of
28 Feb 2022
Net transactions value
-$776,760
Form type
4
Filing time
03 Mar 2022, 16:11:05 UTC
Previous filing
14 Feb 2022
Next filing
27 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACI Class A common stock, par value $0.01 Options Exercise +27,127 +40% 94,461 28 Feb 2022 Direct F1
transaction ACI Class A common stock, par value $0.01 Tax liability $392,068 -13,450 -14% $29.15 81,011 28 Feb 2022 Direct
transaction ACI Class A common stock, par value $0.01 Options Exercise +27,136 +33% 108,147 28 Feb 2022 Direct F1
transaction ACI Class A common stock, par value $0.01 Tax liability $384,693 -13,197 -12% $29.15 94,950 28 Feb 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACI Time-based Restricted Stock Units Options Exercise -27,127 -50% 27,128 28 Feb 2022 Class A common stock, par value $0.01 27,127 Direct F2
transaction ACI Time-based Restricted Stock Units Options Exercise -27,136 -33% 54,274 28 Feb 2022 Class A common stock, par value $0.01 27,136 Direct F3
transaction ACI Time-based Restricted Stock Units Award +51,458 51,458 28 Feb 2022 Class A common stock, par value $0.01 51,458 Direct F4
transaction ACI Performance-based Restricted Stock Units Award +51,458 51,458 28 Feb 2022 Class A common stock, par value $0.01 51,458 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc.
F2 Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. The awards will fully vest on February 25, 2023, as long as the reporting person remains continuously employed through such respective date.
F3 Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. The awards will vest in two remaining installments on February 25, 2023 and February 24, 2024, as long as the reporting person remains continuously employed through such respective date.
F4 Each time-based restricted stock unit represents a contractual right to receive one share of Class A common stock of Albertsons Companies, Inc. The awards will vest in three equal installments on February 25, 2023, February 24, 2024 and February 22, 2025 as long as the reporting person remains continuously employed through such respective date.
F5 Each performance-based restricted stock unit represents a contractual right to receive one share of Class A common stock of the Company. These performance restricted stock units are subject to the attainment of performance goals for the 2022, 2023 and 2024 fiscal years of the Company. The reported number of performance restricted stock units represents the "target" amount of the award and the actual number of units earned will depend upon satisfaction of the performance goals.